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Lexus LS 460 Prices Paid and Buying Experience
282 messages, Last post on Jul 21, 2008 at 8:32 PM
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Replying to: venkatb (Nov 13, 2007 7:22 pm) So now I just start offering them some way low price of perhaps one thousand below invoice. I shop in an area where there are three or more dealers. My 2002 LS430 was purchased from Silver Spring Lexus in Maryland which is a suburb of Washington, DC. There are 6 Lexus dealers in and around Washington in Maryland and Virginia. If I ever buy another Lexus product I will shop more intensively and aggressively. On an LS460 I would never pay more then $1500 over invoice and then that would be after trying very hard to get the car at invoice. The bottom line is HOW HUNGRY IS THE DEALER. If the economy is sick, even business at lux car dealers will decline. So wait the dealer out and try some of the INTERNET pricing services. They are for real and you will get pricing calls from several dealers which will save you a lot of time and perhaps BS.
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Replying to: holew (Dec 09, 2007 12:37 am) There's about $8400 in front-end gross profit on these cars, but most dealers won't let them go for any less than $2k over, if they even go that low. Best deal I have been able to negotiate thus far was $2500 over. |
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Why does Lexus NOT advertise their incentives to the customers. The dealer will not tell the customers all the incentives that are being offered for the December to remember event. Does any one know what the incentives are. I have a 800+ credit rating.
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Replying to: atlantageorgia (Dec 09, 2007 1:20 pm) If you're looking at an '08 LS (SWB), the buy rate money factor is .00230 (at least in SoCal, but that should be a national rate). The residual on a 36/12k/yr lease is 55%, for 36/15k/yr, the residual drops to 53%. On a 48/12k/yr lease, residual is 45%, for a 48/15k/yr, the residual is 43%. These numbers should stay like this until the special ends on Jan 2. My advice... call and ask to speak to a finance manager since he's the one with the numbers. Tell him/her that you're thinking about leasing a few different vehicles and you'd like to know the current residual(s) and buy rate money factors. He/she should have no problem giving you these numbers if they know you're shopping around. If they won't, they're stupid... but, just call another dealer. Good Luck! |
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Does anyone know the finance rates to purchase a Lexus LS 460(not lease)
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Replying to: atlantageorgia (Dec 18, 2007 6:02 pm) Rate offered through Lexus Financial Services. |
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i live in ny.was just in florida and am able to buy LS460-new for 8600 below MSRP.Called my dealer in ny and said 2007 were not available.I really dont need the car until april 2008 and my ny dealer said i could probably get the 2008 for $4000 below MSRP. NEED ADVICE-is this a deal i should not pass up-how is the lexus selling-i saw alot of 2007s sitting around in florida.I am paying cash for the car.
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Replying to: traube (Dec 25, 2007 12:28 pm) |
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Replying to: traube (Dec 25, 2007 12:28 pm) If you really think you're better off with the '07, make sure you take it on a test drive at highway speeds to ensure there is no wind leak noise.
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Replying to: fabt1 (Dec 26, 2007 7:05 am) thanx again!
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